Effects of Economic Recession on Women

Economic recession is defined to be a period of time (two consecutive quarters) where there is dismal or negative growth in an economy of a specific region or country. Economic recession has different effects on each sector of a nation. A particular sector could experience an impact that could distinctive only in his or her sector. Women comprises half of the world’s population. During recessions, there is a relative downturn on women’s employment that ever before. Before the United States’ recession in 2001, women were not greatly affected by the economic recession. However, after the 2001 recession in the United States, omen started losing a lot of jobs.

Women also experience low employment rates. Families rely on women’s employment to boost the family income during a recession. According to the United States Bureau of Labor Statistics:

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